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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Sault Ste. Marie
  • Sault Ste. Marie
  • 32 Wallace TER
32-wallace-ter-sault-ste-marie-ontario-sm262650
32-wallace-ter-sault-ste-marie-ontario-sm262650
32-wallace-ter-sault-ste-marie-ontario-sm262650
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  • For SaleAdded 8 days ago
  • Multi Family

32 Wallace TER

Sault Ste. Marie, Sault Ste. Marie
  • 0 Bedrooms
  • 0 Bathrooms
  • 0 Garage
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Listed for: $209,900
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Key Facts About 32 Wallace TER, Sault Ste. Marie

  • Tax$2,552 / 2026
  • Property TypeMulti-Family
  • Building TypeMulti-Family
  • Maintenance FeesN/A
  • Building Age1930
  • Square Feet1100 feet²
  • Lot Front42
  • BasementFull
  • Postal CodeP6C1K1
  • Listing #SM262650
  • Data SourceREALTOR.CA
  • Days on Market8
  • Listed On23/09/2026
  • Updated On25/09/2026
  • Market Demand
    the canadian homethe canadian home

Description

Excellent investment opportunity at 32 Wallace Terrace! This fully tenanted duplex offers an impressive 11.39% cap rate, with additional income potential through the creation of a third unit. Legally zoned for a triplex, the property currently features one two-bedroom unit and one one-bedroom unit, while the upper level is ready to be renovated into an additional unit. Most of the materials required to complete the renovation are included with the sale. Tenants pay their own PUC utilities, helping to keep operating costs low. Additional highlig

Property Details of 32 Wallace TER, Sault Ste. Marie

Property

  • Property TypeMulti Family
  • CommunitySault Ste. Marie
  • MunicipalitySault Ste. Marie

Inside

  • BasementFull
  • FireplaceN

Utilities

  • WaterMunicipal water
  • Heating TypeForced air
    • Natural GasY
    • ElectricityY
    • CableY
    • TelephoneY

Building

  • Size1100 feet²
  • Exterior FeatureAluminum siding
  • Foundation TypeConcrete Perimeter
  • Building Age1930

Parking

  • Garage TypeConcrete
  • Garage0
  • Total Parking Places0

Land

  • SewerMunicipal sewage system
  • Frontage42

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45

Open House

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About 32 Wallace TER, Sault Ste. Marie

It is a 0 bedroom, Multi-Family property located at Sault Ste. Marie. Forced air heating systems are used in heating/cooling systems for 32 Wallace TER, Sault Ste. Marie. This property which is located in Sault Ste. Marie does not have a pool. This property located in Sault Ste. Marie have a fire place.

FAQs About 32 Wallace TER, Sault Ste. Marie

How many bathrooms does this property have?

Information about bathroom is not available.

Does this 0 bedroom property have additional bedrooms or a den?

This Multi Family property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Multi Family property?

The total square footage of this Multi Family 0 bed property in Sault Ste. Marie is 1100.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 32 Wallace TER?

The number of cars that can be parked in the garage of this property is not specified.

What type of garage does this property have?

This property includes an Concrete garage with space for cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

The number of kitchens in this property is not specified.

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced air.

What utilities are available for this property?

This property include following utilities : Natural Gas, Electricity, Cable, Telephone.

School Rating for 32 Wallace TER, Sault Ste. Marie

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Listing History

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